By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
News

FIRS Partners EFCC to Strengthen Tax Compliance as Nigeria Targets Sustainable Revenue Growth

Oluwadara Akingbohungbe
By
Oluwadara Akingbohungbe
Published: 2025/09/10
3 Min Read
Share
SHARE

The Federal Inland Revenue Service (FIRS) has reiterated that the Economic and Financial Crimes Commission (EFCC) remains a vital partner in its efforts to enforce voluntary tax compliance across Nigeria.

During a courtesy visit to the EFCC headquarters in Abuja on Tuesday, FIRS Executive Chairman, Dr. Zacch Adedeji, highlighted that the newly signed Tax Acts, which will take effect in January 2026, would transform the service into the Nigerian Revenue Service.

Adedeji underscored the need for institutional cooperation to enhance Nigeria’s revenue system, stressing that collective efforts would improve trust and compliance. “We cannot pursue 200 million Nigerians individually to do the right thing, but we want to put a system in place that will aid compliance,” he said.

The FIRS boss further noted that citizens’ confidence in the tax system would increase when they see tangible evidence of how their taxes are being utilized. “The main advertisement of voluntary compliance is when people begin to see what we use the money we collect for. In achieving that goal, you are critical, not just in arresting defaulters but in supporting our Department of Fraud Risk, Assessment and Control to ensure value for money,” Adedeji added.

okay.ng reports that he also credited Nigeria’s revenue achievement to strategic partnerships. President Bola Tinubu had earlier confirmed that Nigeria met its revenue target by August, generating about N20 trillion, largely from non-oil sources.

On his part, EFCC Chairman, Mr. Ola Olukoyede, assured of deeper collaboration with FIRS. “Collaboration is key. When they see EFCC beside FIRS, that will send a signal to the public that it is no longer business as usual,” he said.

Olukoyede cited a recent Court of Appeal judgment affirming EFCC’s authority to investigate tax fraud, calling it a significant boost to its mandate. “We are not assessors of tax liabilities, but we can investigate non-compliance and push assessment issues back to you. Our duty remains the prevention, investigation and prosecution of financial crimes. Synergy is therefore essential,” he emphasized.

Both agencies reaffirmed their shared commitment to safeguard public funds, enforce tax laws, and build a stronger revenue base for the nation.

TAGGED:EFCC NigeriaFIRS reformsNigerian Economyrevenue enforcementTax Compliance
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Idoma Council Clears Air: Tinubu Not Affected by Revoked Chieftaincy Titles in Benue
Next Article Nigerian Students Turn to Artificial Intelligence for Academic Support as Google Search Trends Surge

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow

You Might Also Like

NewsSecurity

Sheikh Ahmad Gumi Warns Against United States Military Presence After Airstrikes In Northwestern Nigeria

By
Oluwadara Akingbohungbe
5 Min Read
News

Aviation Minister Reshuffles NCAA Directors Amid Corruption Probe

By
Ogungbayi Feyisola Faesol
2 Min Read
Finance

FIRS Accredits PwC Nigeria As E-Invoicing System Integrator

By
Ogungbayi Feyisola Faesol
2 Min Read
Okay NewsOkay News
© Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up